Clause 37 - Lloyd’s

Part of Financial Services Bill – in a Public Bill Committee at 1:15 pm on 15th March 2012.

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Photo of Fabian Hamilton Fabian Hamilton Labour, Leeds North East 1:15 pm, 15th March 2012

I accept what the Minister is saying, but does he agree that Lloyd’s is exceptional and very different from a general run-of-the-mill insurer because of the involvement of the names and the syndicates, which perhaps makes it a little more complicated to regulate?